WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2024 EARNINGS RELEASE AND 2025 OUTLOOK
Prnewswire· 2025-01-10 21:05
TORONTO, Jan. 10, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025. The Company will be hosting an investor conference call related to this release on February 13th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTI ...
City Office REIT Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Prnewswire· 2025-01-10 21:05
VANCOUVER, Jan. 10, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended December 31, 2024, before the market opens on Thursday, February 20, 2025.City Office's management will hold a conference call at 11:00 am Eastern Time on February 20, 2025 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be po ...
Hershey Announces CEO Succession Plan
Prnewswire· 2025-01-10 21:05
HERSHEY, Pa., Jan. 10, 2025 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Michele Buck, Chairman of the Board of Directors, President and Chief Executive Officer, has informed the Board of her intention to retire from the Company effective June 30, 2026. Ms. Buck intends to serve in her existing roles until her successor is appointed, at which time she plans to resign from the Board and transition to a senior advisor role until her retirement. Michele Buck The Board has appointed ...
Accelerate Diagnostics Announces Certain Preliminary Fourth Quarter and Full-Year 2024 Results
Prnewswire· 2025-01-10 21:05
Company Performance and Operational Highlights - The company announced preliminary, unaudited results for Q4 and full-year 2024, showing progress in its innovation pipeline, including the Accelerate WAVE™ system and Gram-Negative assay clinical trials [1][2] - The WAVE system clinical trial demonstrated consistent performance with pre-clinical data, offering the largest Gram-Negative bug-drug combination for rapid PBC AST with a time-to-result of approximately 4.5 hours [5] - The company maintained approximately 350 clinically live Pheno® revenue-generating instruments in the US, consistent with its commercial strategy [5] - Contract extensions were secured with over 75% of US Pheno customers, ensuring continuity through the anticipated WAVE commercial launch [5] - The company received 510(k) clearance for the Accelerate Arc system and BC kit, an automated positive blood culture sample preparation platform [5] Financial Results - Preliminary revenue for 2024 was approximately $11.7 million, down from $12.1 million in the prior year, primarily due to lower capital sales of Pheno instruments [5] - Consumable product revenue increased by approximately 3% year-over-year [5] - Cash and cash equivalents decreased by $4.5 million in Q4 2024, ending the year with $16.3 million, reflecting continued reductions in operating cash use [5] Product Development and Regulatory Progress - The company is close to finalizing enrollment for the WAVE system clinical trial, with encouraging results and anticipates FDA submission shortly after enrollment completion [2] - The WAVE system is expected to be submitted for FDA approval in Q1 2025, with a commercial launch anticipated in late 2025 [5] - The company contracted a large US reference lab for the Accelerate Arc™ system, highlighting its utility for cost-effective, rapid, and automated microbial identification [5] Industry and Market Context - The company focuses on addressing global challenges of antibiotic resistance and sepsis through its in vitro diagnostics solutions, including the Accelerate Pheno system and Accelerate PhenoTest® BC kit [8] - Recent external studies indicate that the company's solutions offer results 1–2 days faster than existing methods, enabling clinicians to optimize antibiotic selection and dosage earlier [8]
Nordstrom Reports Holiday Sales, Updates Outlook
Prnewswire· 2025-01-10 21:05
SEATTLE, Jan. 10, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced a total Company net sales increase of 4.9 percent and a comparable sales increase of 5.8 percent for the nine-week holiday period ended January 4, 2025, compared with the nine weeks ended December 30, 2023. For the Nordstrom banner, net sales increased 3.7 percent and comparable sales increased 6.5 percent, while Nordstrom Rack banner net sales increased 7.4 percent and comparable sales increased 4.3 percent."As a result of o ...
Macy's Is Closing Underperforming Stores as Its Turnaround Attempt Continues
Investopedia· 2025-01-10 21:01
Key TakeawaysMacy's released an initial list of 66 "underperforming stores" it plans to close as part of a multi-year turnaround campaign, including its Philadelphia City Center and Downtown Brooklyn locations.The retailer, which has said it will shutter 150 years over three years, plans to invest more money into remaining stores.According to Macy's, the "Bold" plan is starting to pay off, with sales having improved for three consecutive quarters at stores that received fresh investment. Macy's (M) released ...
Coca-Cola Stock Slips 11% in 3 Months: Buy the Dip or Wait for Now?
ZACKS· 2025-01-10 21:00
The Coca-Cola Company (KO) stock has rolled down 11.3% in the past three months. With this decline, KO shares have underperformed the broader Consumer Staples sector’s dip of 8.2% and the S&P 500’s rally of 2.7% in the same period. However, the company’s shares have slightly outpaced the broader industry’s 12.4% decline.Coca-Cola's stock performance also reflects outperformance compared with its close competitors, including PepsiCo Inc. (PEP) and Keurig Dr Pepper (KDP) , which have lost 16.1% and 14.4%, res ...
Buy These 3 Top Stocks Poised for a Breakout: ASUR, GRNT, PRTH
ZACKS· 2025-01-10 21:00
Looking for stocks fluctuating within a specific band, known as breakout stocks, is an active investing strategy. When selecting breakout stocks, it is recommended to sell if prices drop below the lower band and hold for potential gains if they exceed the upper band.To that end, Asure Software, Inc. (ASUR) , Granite Ridge Resources, Inc. (GRNT) and Priority Technology Holdings, Inc. (PRTH) have been selected as the breakout stocks for today.Zeroing in on Breakout StocksTo select the right breakout stock, on ...
Can AT&T Woo Back Customers With Bill Credits for Network Outages?
ZACKS· 2025-01-10 21:00
AT&T Inc. (T) has reinforced its focus on the customer-centric business model by promising to pay bill credits for any network outage across its wireless and fiber networks for consumers and small businesses. The first-of-its-kind industry initiative, dubbed AT&T Guarantee, aims to maintain customer loyalty and win back trust after the carrier faced severe backlash for a nationwide wireless service outage last year.An independent investigation by the Federal Communications Commission found that the 12-hour ...
Visa Operations Shine, But is V Stock a Buy at Current Valuation?
ZACKS· 2025-01-10 21:00
Payments-processing juggernaut Visa Inc. (V) boasts robust global operations that many financial companies envy. Unlike most financial stocks, which are highly cyclical, its strong competitive advantages enable it to excel in nearly any economic environment. A cornerstone of V’s success is its focus on payment facilitation, while some peers also engage in lending. This spares the company from having to allocate capital for loan losses or credit delinquencies during economic downturns.Over the past year, Vis ...